Veterinary Practice Transition & Appraisal Specialists
Pacific Professionals, Inc.
| Rick Wattles, DVM Practice Analyst/ Appraiser Chief Financial Officer View Qualifications |
- Performed over 534
practice appraisals and
sales valuations
- 375 medical equipment
valuations
- 438 practice income
projections for buyers
and lenders
- Certified: Institute of
Business Appraisers,
Inc.
- Chief Analyst and
Valuator of the
corporation involved in
the sale of over 404
veterinary practices
- Licensed and
accredited
veterinarian, state of
California
- Certificates for Levels
I, II and III Business
Valuations
- Certificate in the
Uniform Standards of
Professional Appraisal
Practice
- Candidate for Certified
Business Appraiser and
Certificate in
Accounting
Veterinary Practice Appraisals
Reasons for an appraisal include:
The appraisal requires selective research into the relevant market area, the
assembly of financial and practice data, application of appropriate analytical
methods, and knowledge, experience and professional judgment necessary to
form a conclusion of fair market value.
- Buying or selling of a practice or interest in a practice,
- Buy-sell agreements,
- Future management comparison,
- Estate planning,
- Insurance,
- Dissolutions, and
- Property distribution.
The appraisal requires selective research into the relevant market area, the
assembly of financial and practice data, application of appropriate analytical
methods, and knowledge, experience and professional judgment necessary to
form a conclusion of fair market value.
- 1) Five years’ company Profit and Loss statements, Balance Sheet for last
fiscal year, Five years’ tax returns with depreciation schedules;
2) General practice information: Practice Information Form;
3) Current equipment list: Capital Equipment Inventory and Value.
4) Copy of current lease or legal description of property;
5) Area map with location of the subject practice and other practices;
6) Relocation package from local Chamber of Commerce.
We will provide:
- 1) Necessary forms and worksheets for your information from above;
2) On-site visit; including interview with owner, necessary photos, and a visit
to the surrounding community;
3) Consultation with attorney, accountant and management as required to
complete the project;
4) Evaluation, reconciliation and application of appropriate analytic
techniques to the above information to give you a figure for fair market
value.
A final written report with two professionally bound copies containing an
explanatory text of 8 to 10 pages, several exhibits of financial and production
data including charts, appraisal worksheet data, comparable sales' comparisons
data, an equipment appraisal, local demographic data and certification pages.
The typical page count of the total report ranges from 80-100 pages.
| Pacific Professionals, Inc • (805) 524-3195 • Fax: (805) 524-3192 • pacproinc@aol.com |
Click to download Appraisal Packet
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